“We expect a wave of Crypto ETFs Next Year” — Eric Balchunas
Bloomberg’s senior ETF analyst, Eric Balchunas is expecting a surge of cryptocurrency exchange-traded funds (ETFs) to hit the market next year.
In a post on X, tagging Bloomberg analyst James Seyffart, Balchunas discussed the upcoming ETFs, noting that Bitcoin (BTC) and Ethereum (ETH) combo ETFs will be the first to launch followed by HBAR and “then XRP/Solana (which have been labeled securities in pending lawsuits).’
In a separate tweet shared by the analyst last month, he revealed that 14 altcoin-related ETFs are currently awaiting approval from the SEC within the next 12 months. He mentioned Solana (SOL), XRP, Hedera (HBAR), Litecoin (LTC), and combined BTC-ETH…